GVK Power & Infrastructure is planning to sell its under construction 540 MW Goindwal Sahib power plant in Punjab to NTPC. The project expected to be commissioned in the first quarter of 2014-15, has a 25 year power purchase agreement with the Punjab State Power Commission.
FlashNews:
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Reliance’s Butibori plant now fully operational
Reliance Power said its 600 MW coal-based power plant at Butibori in Maharashtra is fully operational. Butibori Power Project is being developed by Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power.
Bailout or sell-out
The dance of democracy will unfold soon, as the poll dates have been announced. While the political fraternity gets down to the poll mathematics, the entire nation awaits the results with a hope of a stable government that can push growth volumes.
Panel to review on coal linkages
An inter-ministerial panel will meet on 19 February to review the status of existing coal supply arrangements to the power and other sectors. The Cabinet Committee on Investment had earlier said timelines for signing fuel supply pacts for power projects of 78,000 MW capacity should be met.
Healthy berths
Major ports in India are endeavouring towards implementing the Environmental Management System so as to streamline their policies to enhance its overall development. Today, a majority of private players enable seamless movement of cargo from ports to and from CFSs to various first and last mile destinations within the country.
We expect a positive trend in mining
Sadbhav has performed exceptionally well in mining sector and performed beyond its set targets so far. We are positively expecting this trend to continue in coming years. I see tremendous potential in the segment
Relax ECB norms for infra NBFCs
2013 has been a bad year for infrastructure sector. Certain sectors like roads & highways have been hit hard in particular. Though power sector has been growing, it must be kept in mind that while coal continues to account for almost 60 per cent of power production in India
Vasan launches inland cargo shipping at Kolkatta
Union Shipping Minister GK Vasan launched the bulk movement of coal through the national waterways recently. The shipment included the 2,100 DWT coal barges of Jindal ITF Ltd on the Ganga-Bhagirathi-Hooghly River System - National Waterways -1.
Railways invites tender for 11,728 wagons
After a gap of more than two years, the Indian Railways will procure wagons. A tender has been floated for a total of 11,728 wagons of six types, including the standard ones for coal and iron or
Projects cleared by Project Monitoring Group
Following is the list of the projects which was cleared by Project Monitoring Group